Who is the parent company of Lennox HVAC is Lennox International Inc., which is independent publicly traded company headquartered in Richardson, Texas, not owned by larger conglomerate like Trane or Carrier. Lennox International Inc. was founded in 1895 in Marshalltown, Iowa by Dave Lennox who invented first riveted steel furnace, and is now publicly traded on NYSE under symbol LII with market cap around 10 billion dollars. Lennox International owns Lennox brand for premium residential and commercial HVAC, as well as Ducane, Armstrong Air, Concord, Allied, and MagicPak for value brands, with manufacturing plants in Marshalltown, Iowa for furnaces and ACs, Stuttgart, Arkansas for commercial, and Saltillo, Mexico for some components. Lennox International is not owned by Ingersoll Rand which owns Trane Technologies, nor by Carrier Global which owns Carrier, nor by Daikin which owns Goodman. It is independent company with family still involved. Lennox International also owns Service Experts heating and cooling service company with 90 locations. So parent company is Lennox International Inc. itself, with no larger parent, making it one of few independent major HVAC manufacturers alongside Daikin. It competes directly with Trane Technologies, Carrier Global, and Daikin.
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